Tuskys Supermarket has signed a partnership with KCB to provide internships for 1,600 youths at its 50 outlets.
The supermarket chain will offer internship opportunities to beneficiaries of the KCB Foundation’s 2Jiariri scholarship scheme launched in March this year.
The bank’s Sh10 billion-a-year youth empowerment programme is meant to benefit 500,000 small-scale entrepreneurs over the next five years.
Tuskys, on the other hand, has been running an internship programme for fresh graduates and youth launched in October last year.
The programme is aimed at creating a pool of skilled staff for its outlets countrywide and tackling unemployment among the youth.
The partnership will also target 13,000 youths across 22 counties for contract farming opportunities in agribusiness.
KCB will provide the youths asset financing and working capital. Tuskys has committed to buy all the produce of programme beneficiaries. KCB Foundation Executive Director, Jane Mwangi, said the initiative will offer entrepreneurial youth a shot at economic empowerment.
“At KCB Foundation it is our belief that the youth hold the greatest sway in the pace and trajectory that the East African economy will take into the future.
‘‘We also acknowledge the great contribution agriculture makes to the national GDP and we are committed to supporting the sector,” Ms Mwangi said at the signing ceremony.
Tuskys Supermarket CEO Daniel Githua said the partnership will pool resources, skills and experiences to advance youth skills, self-employment and further hone entrepreneurship skills among the youth while at the same time providing employment opportunities for beneficiaries.
“We have noted a marked improvement in terms of productivity from youths who have gone through our internship programme,” said Mr Githua.
KCB Group, through its foundation, expects to generate 2.5 million new jobs by helping build skills among artisans and ease their access to capital.